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Topic: budget forecasts
The dollar is slowly tightening its grip on Hockey’s forecasts

The dollar is slowly tightening its grip on Hockey’s forecasts

The persistent strength of the dollar threatens to do to Joe Hockey what it did to Wayne Swan - and the stakes are just as high for the government as they were for Labor, Bernard Keane and Glenn Dyer write.

Forecasts: how wrong will Treasury get it this year?

Forecasts: how wrong will Treasury get it this year?

Treasury always gets it wrong -- but is the margin of error acceptable? History shows it has a variable record, and suggests what Wayne Swan's deficit might end up being.

Revealed: The high cost of the CPRS

Revealed: The high cost of the CPRS

Yesterday’s MYEFO figures reveal in clear terms just what a policy disaster the current version of the CPRS is. It also gives the lie to the absurd line from ETS opponents that the CPRS is a giant tax.

Swan: we are “fair dinkum” about sticking to our fiscal strategy

Swan: we are “fair dinkum” about sticking to our fiscal strategy

Wayne Swan has unveiled a significant improvement in the Government’s fiscal position from next year, with this morning’s Mid-Year Economic Forecasts showing far higher economic growth and lower unemployment than the Budget forecast back in May.